Conclusion
As we have already said taking all the cir
cumstances into account - we look to 1987 with
confidence.
On February 27, 1987, the members of the
board of directors nominated by Postbank N.V,
Messrs. C.J.M. Scholtes and H.W Unger both
retired.
At the coming annual general meeting of
stockholders, we shall also be taking our leave of
Messrs. A.G. van den Bos and J.C. Smit, who will
be retiring from the board of directors. We
should like to thank these gentlemen, of whom
Mr. Van den Bos recently held the office of presi
dent after Mr. Smit had held the office for a year
prior to him, for the help, assistance and expert
advice with which they have supported us over
the years.
Finally, we should like to thank our staff for
the dedication they demonstrated in 1986. It was
by no means an easy year. That their commitment
and motivation nevertheless remained intact is
another reason for our confidence in the future.
Utrecht, May 15, 1987
WA.J.M. van der Heijden
A.C. van Uchelen